Infinity Stone Ventures Corp. — Capital/Financing Update 2022

Oct 31, 2022

MATERIAL CHANGE REPORT

• Item 1. Name and Address of Company – Infinity Stone Ventures Corp. (the “ Company ”), #750-1095 West Pender Street, Vancouver, BC V6E 2M6.

• Item 2. Date of Material Change –October 28, 2022

• Item 3. News Release – News Release issued October 28, 2022 through Newsfile Corp.

• Item 4. Summary of Material Change – Infinity Stone Ventures Corp. (formerly Contakt World Technologies Corp.) (CSE:GEMS) (OTC:TLOOF) (FSE:B2I0) (the “Company” or “Infinity Stone”) is pleased to announce the closing of a non-brokered private placement of non-flow-through units.

Item 5. Full Description of Material Change – The Company is pleased to announce the closing the final tranche of its non-brokered private placement (the “ Offering ”) of 1,130,000 Units (each, a “ Unit ”) at a price of $0.25 per Unit, for gross proceeds of $282,500. Each Unit is comprised of one (1) Class A Subordinate Voting Share (a “ Share ”) and one-half of one (1/2) Share purchase warrant (each whole warrant, a “ Warrant ”). Each whole Warrant is exercisable into one (1) Share at a price of $0.50 for a period of two (2) years from the date of issuance.

In connection with the Offering, the Company issued 34,400 finders’ warrants, and paid finder’s fees of $8,600. Each finders' warrant is exercisable into one (1) Share at a price of $0.50 for a period of two (2) years from the date of issuance.

The Company intends to use the net proceeds from the Offering for exploration expenses and general working capital.

The Company is also pleased to announce it has engaged various investor relations services from the following companies: Stockhouse Publishing; Investing News Network; Volume Hunter; and National Inflation Association (collectively, the “ IR Firms ”). The terms of engagements vary.

In consideration of the services to be provided by the IR Firms, the Company will pay fees monthly and such remuneration will be in no way contingent upon the market price or trading volume of the Shares of the Company.

The IR Firms are at arm’s length to the Company and will at all times be trading as principal for their own accounts and using their own capital. The IR Firms will use their knowledge and discretion in providing investor relations services and no assurance has been made as to any particular effect or result regarding the market for the Shares. The IR Firms have covenanted to operate in accordance with best trading practices at all times.

Item 6. Reliance on Section 7.1(2) or (3) of National Instrument 51-102 – Not applicable.

• Item 7. Omitted Information – No significant facts remain confidential in, and no information has been omitted from, this report.

• Item 8. Executive Officer – Mr. Zayn Kalyan, Director of the Company, is knowledgeable about the material change and this report. He can be contacted at (778) 938-3367.

• Item 9. Date of Report – October 31, 2022